shindig
18 years ago
Star Navigation Awarded U.S. Patent
TSX Venture Exchange Symbol: SNA
TORONTO, Oct. 18 /CNW/ - Mr. Viraf Kapadia, C.E.O. of Star Navigation
Systems Group Ltd. ('Star"), developer of the In-Flight Safety Monitoring
System ("ISMS(TM)"), is very pleased to announce that the United States Patent
& Trademark Office has just granted it a patent entitled "Systems and Method
for Transportation Vehicle Monitoring or Analyzing." Star holds the worldwide
aviation license to use and commercially exploit this particular patent, as
well as similar patents previously issued by the United Kingdom, Australia,
and Hong Kong.
Mr. Kapadia stated:
"This patent is important for Star because it significantly enhances the
protection of our In-flight Safety Monitoring System - ISMS (TM) and the
proprietary technology behind it. This patent award also confirms Star's
intention to vigorously protect the intellectual property rights with respect
to both its products, and to its groundbreaking technology."
About Star Navigation
Star Navigation Systems Group Ltd. (www.star-navigation.com) owns the
worldwide license to its proprietary, patented In-flight Safety Monitoring
System - ISMS(TM), the first system in the world to feature in-flight
data-analysis, monitoring and diagnostics with a real-time connection between
aircraft and ground. Its real-time capability of tracking performance-trends
and predicting incident-occurrence enhances aviation safety and improves fleet
management while reducing costs for the operator.
Certain statements contained in this News Release constitute
forward-looking statements. When used in this document, the words "may",
"would", "could", "will" and similar expressions, as they relate to Star or
its management are intended to identify forward-looking statements. Such
statements reflect Star's current views with respect to future events and are
subject to certain risks, uncertainties and assumptions. Many factors could
cause Star's actual performance or achievements to vary from those described
herein. Should one or more of these factors or uncertainties materialize, or
should assumptions underlying forward-looking statements prove incorrect,
actual results may vary materially from those described herein as intended,
planned, anticipated, believed, estimated or expected. Star does not assume
any obligation to update these forward-looking statements.
Should you wish to receive Company news via email, please email alison
(at)chfir.com and specify "Star News" in the subject line.
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of this news
release.
%SEDAR: 00009078E
Source: Canada NewsWire (October 18, 2006 - 6:11 AM EST)
stockprofit2023
19 years ago
Star Navigation and SpiceJet Airways to Launch World's First In-flight Passenger Cell Phone Capability
TORONTO, Oct. 31 /CNW/ - Star Navigation Systems Group Ltd. ("Star Navigation") (TSX.V - SNA and OTC.BB - SNAVF), is pleased to announce that it has entered into an agreement with SpiceJet Airways of India to co-launch the world's first in-flight commercial passenger cell phone capability during flight for both voice and text messaging using the GSM network.
It is intended that the formal contract to be signed by the parties will occur by November 30, 2005.
Once development is complete, the first installations are scheduled for SpiceJet's fleet of commercial aircraft, after which worldwide sales and marketing to the aviation industry will commence. This technology will provide airline operators the technological capability to offer their passengers use of their cell phone on-board aircraft while in flight.
As previously announced, Star Navigation has already signed a $9.0M contract with SpiceJet for the installation of Star Navigation's flagship product the ISMS(TM) (the In-flight Safety Monitoring System) on SpiceJet's entire fleet of commercial passenger airplanes.
A.R. Aviation, a business jet operator in India and Star Navigation's most recent customer for the ISMS(TM) product also intends to purchase the cell phone capability from Star Navigation, once worldwide sales commence. A.R Aviation will be the first private business jet operator in the world offering the unique in-flight cell phone technology to their customers and passengers.
"We are delighted that we have SpiceJet as our partner in this co-launch. When one considers that India has a population in excess of 1 billion, and cell phone use is estimated at 56 million users rising to 95 million this year alone; the scope and magnitude of this particular opportunity for Star Navigation is simply tremendous," reports Viraf Kapadia, Chairman and CEO.